Tuesday Night Jing Yi's Trading Strategy Analysis

In the afternoon, a short position was taken in the 632-640 range for Bitcoin, with a maximum rebound to 634 and a fall back to 624, creating a 1000-point range. Fans of Shipan took a shallow bite. The current market is still repeatedly testing the bottom, with bulls and bears tugging back and forth. All short-term news catalysts are used to break the deadlock.

The restorative rebound momentum during the Bai Pan session has clearly been exhausted, and the bears are beginning to make a strong comeback. The current focus is on the effectiveness of the bottom support—friends following the Bai Pan strategy should continue to patiently hold their short positions.

From the four-hour perspective, after a brief correction, the market turned downward again, with bearish K-lines continuously pressing the midline. It is currently hovering near the previous low, and the market has entered a heated phase. Once the midline is broken, a new round of decline will officially begin. On the hourly chart, consecutive downward lines probe the bottom, and the market shows a bearish expansion pattern, completely shrouded in a bearish atmosphere. The technical bearish pattern is undeniably strong, and a short-term correction is already certain.

The focus for Bitcoin is on the potential break below 623, with targets at 615-600;
For the altcoin, focus on the potential break below 1660, with targets at 1600-1530. #Gate直通IPO认购SpaceX